Mortgage and Financial News From 2008-3-27 Page 3
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UPDATE: Paulson Resists More Government Action To Solve Mortgage Crisis (Nasdaq)
WASHINGTON (Dow Jones) -- U.S. Treasury Secretary Henry Paulson continued to argue against more government intervention in the mortgage crisis on Wednesday, saying a cluster of ideas currently floating around would "cause more harm than good."
2008-03-26 07:38:33 -
Davis' record doesn't inspire confidence (Milwaukee Journal Sentinel)
Jefferson Davis wants to get back in the saddle and help manage Menomonee Falls' $351 million in assets and nearly $30...
2008-03-26 10:56:39 -
Legislation offers help to ward off foreclosure (The Springfield News-Leader)
Too many families in Missouri and across America are feeling the pain of the housing crisis, and they need our help now. Families here in Springfield are suffering; take the case of Teresa Sands, which the News-Leader detailed in September. Teresa was the victim of a tragic chain of events that left her and her husband unable to make the payments on their home loan. Thanks to the help of several ...
2008-03-27 12:58:33 -
E-LOAN to Offer FHA Loans to Help Millions of Consumers in Tightening Credit Market (Business Wire via Yahoo! Finance)
PLEASANTON, Calif.----E-LOAN®, a nationwide financial services company and privacy advocate, today announced that it will offer federally insured Federal Housing Administration loans to consumers as part of a response to the tightening credit market.
2008-03-27 03:00:00 -
Governor Randall S. Kroszner (Federal Reserve Board)
At the National Association of Hispanic Real Estate Professionals Legislative Conference 2008, Washington, D.C.
2008-03-27 05:23:50 -
Overwhelming Consumer Response to Lend America's Primetime Showing of Critically Acclaimed Educational Television ... (Broadcast Newsroom)
MELVILLE, N.Y., March 27 /PRNewswire/ -- Lend America, a leading direct- to-consumer residential mortgage lender focused on originating government- insured loans, announced today that the latest installment of Mortgage Watch its consumer educational television series that aired the evening of March 25th on the NBC television network, generated more than 4,000 inquiries into the company's ...
2008-03-27 09:06:38 -
Senators Seek Details About Bear Stearns Deal (NYTimes.com via Yahoo! Finance)
Senators are demanding information about how the Federal Reserve arranged the $30 billion shotgun marriage of JPMorgan Chase and Bear Stearns.
2008-03-27 03:40:32 -
Identity Theft + Mortgage Fraud = House Stealing (KAIT Jonesboro)
March 27, 2008 - Posted at 5:49 p.m. CDT -- The Federal Bureau of Investigation says it's the latest scam on the block that could catch home owners off guard.
2008-03-27 03:44:40 -
London close: Footsie gets second-wind (ShareCast)
LONDON (SHARECAST) - Footsie recovered from a mid-afternoon dip to close not too far off the day’s high and securely above the 5700 mark. Persimmon was the day’s best performing blue-chip, as it recovered from yesterday’s sell-off and also drew a modicum of support from February’s increase in mortgage approvals.
2008-03-27 10:26:53 -
Lehman's stock drops amid rumors (Reuters via Yahoo! Malaysia News)
NEW YORK - Shares of Lehman Brothers fell by nearly 10 percent in early New York trading on Thursday on rumors that the fourth largest U.S. investment bank could see a run on the bank similar to what happened to Bear Stearns , traders said.
2008-03-27 11:37:28 -
Reuters Business Summary (Reuters via Yahoo! Singapore News)
Fed policy-maker warns of recession
2008-03-27 11:57:50 -
(AFX UK Focus) 2008-03-27 18:45 GMT: Fed to hold public field hearings on Bank of America takeover of Countrywide (Interactive Investor)
WASHINGTON (Thomson Financial) - Bank of America's planned takeover of the troubled mortgage broker Countrywide Financial will be delayed while the Federal Reserve holds public hearings around the country.
2008-03-27 12:14:32 -
How Safe Are Those Yields? (The Motley Fool)
Charles Schwab gets a black eye.
2008-03-27 01:00:28 -
BOND REPORT: Treasurys Slump On Upbeat Economic Data (Nasdaq)
Treasurys fell sharply on Thursday, sending yields higher, as an unchanged final reading of fourth-quarter growth and a drop in jobless claims eased concerns about the economy.
2008-03-27 01:06:46 -
Tepid demand from primary dealers for Fed loans (Market Watch)
Demand from investment banks and broker dealers is fairly tepid in the first auction in the term security lending facility from the Federal Reserve on Thursday.
2008-03-27 01:31:37